Enes
Moscow
WINNER OF THE RF MINSTROY MEDIA COMPETITION 2016
Go to mobile

All news

ARCHIVE NEWS

«    November 2017    »
MonTueWedThuFriSatSun
 12345
6789101112
13141516171819
20212223242526
27282930 

Obama intends to block oil-field development in Arctic

logo russianconstruction.com
Obama intends to block oil-field development in Arctic

The U.S. President Barack Obama intends to block the sale of new offshore drilling rights in most of the sites located in Arctic and Atlantic, owned by the country, Bloomberg reports on Tuesday.


This measure might lead to restriction of oil production in the region, the agency says with the reference to its sources familiar with the situation.

For this purpose, Barack Obama plans to invoke a provision in a 1953 law that gives him wide latitude to withdraw U.S. waters from future oil and gas leasing. It’s expected that Obama might announce this decision as early as on Tuesday and is considered to comply with the wishes of environmental activists, who push for protecting the area before Donald Trump takes office.

Related publications

PARTNERS

UP